Markham, ON rental market

What is the average rent in Markham, ON?

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Last updated September 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in Markham, ON is $2,400.

Average rent

$2,400

Month-over-month change

-$50

Year-over-year change

-$450

Available rentals

677

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $200 to $15,000.

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Rent frequencies
Rent priceNumber of rental properties
$01
$7005
$8008
$9008
$1,00012
$1,10010
$1,20013
$1,30015
$1,40039
$1,50051
$1,60062
$1,70062
$1,80040
$1,90028
$2,00028
$2,10032
$2,20060
$2,30046
$2,40045
$2,50019
$2,60015
$2,70016
$2,80032
$2,90040
$3,00027
$3,10039
$3,20042
$3,30027
$3,40029
$3,50030
$3,60011
$3,70021
$3,80016
$3,90026
$4,00010
$4,1003
$4,2006
$4,3009
$4,4008
$4,5006
$4,6003
$4,7007
$4,8009
$4,9005
$5,000+27

Average rent price over time

In the last year, rent has decreased by $450 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,850$2,599
Feb$2,749$2,500
Mar$2,700$2,500
Apr$2,650$2,450
May$2,780$2,400
Jun$2,550$2,460
Jul$2,599$2,400
Aug$2,700$2,450
Sep$2,800$2,400
Oct$2,800No data
Nov$2,700No data
Dec$2,750No data

Market temperature

The Markham, ON rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Markham, ON is 20% higher than the national average.

Markham, ONvs.

$2,400

$2,000

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Frequently asked questions

1. What is the average rent in Markham, ON?

The average rent in Markham, ON is $2,400.

2. What is the average rent for a studio apartment in Markham, ON?

The average rent for a studio apartment in Markham, ON is $1,450 per month.

3. What is the average rent for a one-bedroom apartment in Markham, ON?

The average rent for a one-bedroom apartment in Markham, ON is $1,600 per month.

4. What is the average rent for a two-bedroom apartment in Markham, ON?

The average rent for a two-bedroom apartment in Markham, ON is $2,233 per month.

5. What is the average rent for a three-bedroom apartment in Markham, ON?

The average rent for a three-bedroom apartment in Markham, ON is $3,190 per month.

6. What is the average rent for a four-bedroom apartment in Markham, ON?

The average rent for a four-bedroom apartment in Markham, ON is $5,178 per month.

7. How much does it cost to rent a house in Markham, ON?

Houses in Markham, ON rent between $200 - $15,000 with an average rent of $2,400.

8. How has the rent in Markham, ON changed in the last year?

In the last year, the rent in Markham, ON decreased by $450

9. How much has the rent in Markham, ON increased/decreased in the last month?

In the last month, the rent in Markham, ON decreased by $50

10. How many available rentals are there in Markham, ON?

There are currently 677 rentals available in Markham, ON.

11. How do rent prices in Markham, ON compare with the national average?

The average rent in Markham, ON is $2,400 — 20% higher the national average of $2,000.

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